Arista Networks (NYSE:ANET) Director Sells 5,000 Shares of Company Stock

Arista Networks, Inc. (NYSE:ANET) Director Mark Templeton sold 5,000 shares of the business’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $165.85, for a total transaction of $829,250.00. Following the transaction, the director directly owned 43,410 shares of the company’s stock, valued at approximately $7,199,548.50. This represents a 10.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Arista Networks Stock Up 4.9%

ANET stock traded up $8.33 during mid-day trading on Wednesday, reaching $178.24. 18,579,979 shares of the stock traded hands, compared to its average volume of 7,864,575. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $217.41. The business has a 50-day moving average of $194.30 and a two-hundred day moving average of $165.10. The firm has a market capitalization of $224.80 billion, a PE ratio of 56.23, a P/E/G ratio of 1.91 and a beta of 1.61.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, November 3rd. The technology company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.12. The company had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.33 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%. The firm’s revenue was up 58.5% compared to the same quarter last year. During the same period last year, the business posted $0.75 earnings per share. On average, equities research analysts anticipate that Arista Networks, Inc. will post 3.79 EPS for the current fiscal year.

Institutional Investors Weigh In On Arista Networks

A number of institutional investors have recently added to or reduced their stakes in ANET. State Street Corp increased its position in shares of Arista Networks by 159.4% during the second quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock valued at $20,606,975,000 after purchasing an additional 74,541,134 shares during the period. Jupiter Topco LLC acquired a new position in shares of Arista Networks in the second quarter valued at $1,101,860,000. Envestnet Asset Management Inc. lifted its position in Arista Networks by 199.0% in the second quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock worth $1,635,978,000 after purchasing an additional 6,409,612 shares during the period. Alyeska Investment Group L.P. bought a new position in Arista Networks in the second quarter worth $537,736,000. Finally, Massachusetts Financial Services Co. MA lifted its position in Arista Networks by 34.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock worth $1,712,788,000 after purchasing an additional 2,497,275 shares during the period. 82.47% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Arista Networks

Here are the key news stories impacting Arista Networks this week:

• Positive Sentiment: Arista reported third-quarter revenue of $3.66 billion, up 58.5% year over year and above the $3.33 billion consensus. Adjusted EPS of $1.20 also topped estimates of $1.08. Management raised its 2026 revenue outlook to $13.3 billion, and fourth-quarter guidance implies further sequential growth. Article: ANET Q3 Earnings Beat Estimates on Strong AI and Enterprise Demand
• Positive Sentiment: The company forecast 2027 revenue of about $18.5 billion, or 38%–40% growth—well ahead of Wall Street expectations—and sees AI-fabric revenue roughly doubling to $7 billion. Strong AI and enterprise demand, including adoption of Ethernet-based AI networking, underpins the outlook. Article: Arista Networks Q3 Earnings Call Maps Out 2027 AI Expansion
• Positive Sentiment: Analysts responded with higher estimates and targets. Bank of America reiterated Buy with a $240 target, while JPMorgan raised its target to $270 and Piper Sandler to $261. Article: Arista Networks gets BofA backing as 2027 growth outlook tops Street
• Neutral Sentiment: Analyst reactions were not uniformly positive: Barclays cut its target to $236 but maintained an Overweight rating. Separately, a major shareholder’s sale of 267,892 shares was made under a pre-arranged trading plan and represented about 0.15% of his holdings. Article: Barclays analyst recommendations Article: Major shareholder sale
• Negative Sentiment: Investors will be watching profitability: a greater hardware mix may pressure gross margins, with management expecting 2027 gross margin of 62%–64%. Arista’s premium valuation also leaves the stock vulnerable if AI spending or growth falls short of expectations. Article: Arista’s AI growth story builds, but scale-up revenue may have to wait

Analysts Set New Price Targets

ANET has been the topic of several recent analyst reports. Zacks Research downgraded Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Bank of America reissued a “buy” rating and issued a $240.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Arista Networks in a research note on Monday, August 31st. They issued a “buy” rating and a $220.00 price objective on the stock. KeyCorp reaffirmed an “overweight” rating and set a $250.00 target price (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Finally, Piper Sandler boosted their target price on shares of Arista Networks from $240.00 to $261.00 and gave the stock an “overweight” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $240.24.

Arista Networks Company Profile

Arista Networks, Inc develops and sells cloud networking solutions for data centers, cloud service providers, enterprises and specialized computing environments. The company’s products are designed to support high-performance, scalable and automated networks used for cloud computing, artificial intelligence, data analytics and other demanding applications.

Arista’s portfolio includes data center and campus switches, routing platforms, wireless networking products, network operating software and network management tools.